Annual producer inflation in Germany slowed to a three-month low of 32.7% in June of 2022 from May’s record peak of 33.6% and below market forecasts of 33.9%, amid a softer rise in energy prices. Energy prices remained the biggest upward contributor (86.1% vs 87.1% in May), namely distribution of natural gas (141.1%), electricity (93.3%). Excluding energy, producer prices climbed 15.5% from a year earlier. Other significant price increases were seen for intermediate goods (22.3%), particularly metals (33.6%), fertilizers and nitrogen compounds (104.4 %), and paper and paperboard (51.2%); non-durable consumer goods (14.7%), such as food (19.0%); durable consumer goods (10.5%); and capital goods (7.4%), the biggest increase since September 1975. On a monthly basis, producer prices were up 0.6%, the least since November 2020, easing from May’s 1.6% rise, and below market consensus of a 1.3% gain. source: Federal Statistical Office

Producer Prices Change in Germany averaged 2.30 percent from 1950 until 2022, reaching an all time high of 33.60 percent in May of 2022 and a record low of -7.80 percent in July of 2009. This page provides the latest reported value for - Germany Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Producer Prices Change in Germany is expected to be 8.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Producer Prices Change is projected to trend around 3.00 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Germany Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-06-20 06:00 AM May 33.6% 33.5% 33.5% 33.8%
2022-07-20 06:00 AM Jun 32.7% 33.6% 33.9% 33.5%
2022-08-19 06:00 AM Jul 32.7%


Related Last Previous Unit Reference
Inflation Rate 7.50 7.60 percent Jul 2022
Inflation Rate Mom 0.90 0.10 percent Jul 2022
Consumer Price Index CPI 118.40 117.40 points Jul 2022
Harmonised Consumer Prices 119.00 118.10 points Jul 2022
Core Inflation Rate 3.21 3.78 percent Jun 2022
Core Consumer Prices 112.40 112.60 points Jun 2022
Producer Prices 148.40 147.50 points Jun 2022
Producer Prices Change 32.70 33.60 percent Jun 2022
Export Prices 123.50 122.40 points Jun 2022
Import Prices 140.90 139.50 points Jun 2022
Food Inflation 14.80 12.70 percent Jul 2022
Producer Price Inflation MoM 0.60 1.60 percent Jun 2022
CPI Transportation 120.60 122.00 points Jul 2022
CPI Housing Utilities 119.50 118.50 points Jul 2022
Wholesale Prices 136.80 136.70 points Jun 2022

Germany Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
32.70 33.60 33.60 -7.80 1950 - 2022 percent Monthly
NSA

News Stream
German Producer Inflation at 3-Month Low
Annual producer inflation in Germany slowed to a three-month low of 32.7% in June of 2022 from May’s record peak of 33.6% and below market forecasts of 33.9%, amid a softer rise in energy prices. Energy prices remained the biggest upward contributor (86.1% vs 87.1% in May), namely distribution of natural gas (141.1%), electricity (93.3%). Excluding energy, producer prices climbed 15.5% from a year earlier. Other significant price increases were seen for intermediate goods (22.3%), particularly metals (33.6%), fertilizers and nitrogen compounds (104.4 %), and paper and paperboard (51.2%); non-durable consumer goods (14.7%), such as food (19.0%); durable consumer goods (10.5%); and capital goods (7.4%), the biggest increase since September 1975. On a monthly basis, producer prices were up 0.6%, the least since November 2020, easing from May’s of 1.6% rise, and below market consensus of a 1.3% gain.
2022-07-20
German Producer Inflation Hits Record for 6th Month
Annual producer inflation in Germany surged to 33.6% in May of 2022, breaking a new record peak for a 6th straight month and higher than 33.5% in April and market forecasts of 33.5%. The figures reflect the effects of the Ukraine war, with energy prices remaining the biggest upward contributor (87.1%), namely distribution of natural gas (148.1%), electricity (90.4%) and mineral oil products (55.8%). Excluding energy, producer prices climbed 16.5% from a year earlier. Other significant price increases were seen for intermediate goods (25.1%), particularly metals (38.1%), fertilizers and nitrogen compounds (110.9 %) and wooden containers (67.4%); non-durable consumer goods (14.7%), such as food (19.2%); durable consumer goods (9.4%); and capital goods (7.1%, the biggest increase since September 1975). On a monthly basis, producer prices went up 1.6%, the least in three months, easing from a 2.8% gain in April, and compared with the market consensus of a 1.5% growth.
2022-06-20
German Producer Inflation Hits Record for 5th Month
Annual producer inflation in Germany jumped to 33.5% in April of 2022, breaking a fresh record high for a 5th straight month and higher than 30.9% in March and market forecasts of 31.5%. The figures reflect the effects of the war in Ukraine for the first time, with energy prices remaining the biggest upward contributor (87.3%), namely distribution of natural gas (154.8%), electricity (87.7%), mineral oil products (53.9%). Excluding energy, producer prices increased 16.3% yoy. Other significant price increases were seen for intermediate goods (26.0%), namely metals (43.3%), fertilizers and nitrogen compounds (111.7 %), wooden containers (75.0%); and non-durable consumer goods (13.2%), namely food (17.3%); and capital goods (6.7%, the biggest increase since October 1975). Compared to the previous month, producer prices increased 2.8%.
2022-05-20